Paloma Lakes Homes for Sale

Paloma Lakes is a gated, waterfront community in Coconut Creek, Broward County, Florida. Active listings are priced from $410,000 to $430,000. Homes were built between 2008 and 2013. Pure Equity lists homes in Paloma Lakes and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Pure Equity Realty covers Paloma Lakes and the Coconut Creek area. We list for 1%, which includes photography, MLS syndication, and negotiation support. Buyers pay nothing for representation. For current market data, see Florida Realtors' market statistics.

Our MLS feed shows 7 Paloma Lakes Coconut Creek homes for sale as of October 2026. The median asking price is $479,000. Asking prices run from $412,000 to $549,000.

That is 111% above the Coconut Creek median of $228,000. On a per-foot basis, homes here ask about $269 per square foot, compared with $208 across Coconut Creek. So the median price buys roughly 1,800 square feet of living area.

Listings here have averaged 73 days on the market. That is faster than the Coconut Creek average of 105 days. As a result, buyers here should be ready to write an offer soon after a showing.

Homes listed in Paloma Lakes date from 2008 to 2013. That puts them between 13 and 18 years old.

Every one of these homes went up after Florida adopted its statewide building code in 2002. In practice, that usually means impact-rated openings and stronger roof attachment. A wind mitigation inspection documents those features, and Florida insurers must offer premium discounts for them.

Paloma Lakes is a gated community. Therefore, expect to register visitors and contractors with the gate before each visit.

Paloma Lakes includes waterfront homes. Waterfront lots in South Florida often sit in FEMA special flood hazard areas, where lenders require flood insurance. Before you commit, look up the address on the FEMA Flood Map Service Center and ask the seller for an elevation certificate.

Rentals in Paloma Lakes have a median asking rent of $3,160 per month, across 3 active rental listings. For comparison, the Coconut Creek median is $2,225, so rents here run 42% higher.

For investors, those medians imply a gross yield near 7.9% a year. However, that figure comes before HOA dues, property tax, insurance and vacancy. Also check the association documents first, because many Florida HOAs cap leases or set minimum terms.

You can browse current Coconut Creek rentals or ask us for a rent estimate on a specific Paloma Lakes home.

Here is what the median Paloma Lakes price means in Florida closing terms. At $479,000, a 20% down payment comes to about $96,000, leaving a loan near $383,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $1,341. Next, the intangible tax of 0.2% adds about $766. Buyers normally pay both at closing.

On the seller side, Florida deed stamps cost 70 cents per $100 of price. At the Paloma Lakes median, that is about $3,353.

Finally, owner-occupants should file for the Florida homestead exemption by March 1. It removes up to $50,000 of assessed value. After that, Save Our Homes caps yearly assessment increases at 3% or inflation, whichever is lower. To see what these numbers mean for your budget, get pre-approved before you tour.

Recent Paloma Lakes listings show assignments to Winston Park (Broward) (elementary), Lyons Creek (middle) and Monarch (high). However, boundaries can change each year, so confirm the assignment for a specific address with Broward County Public Schools.